ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) Stock Fundamental Analysis
TSX:ENB-PR-J - Toronto Stock Exchange - CA29250N6422 - Currency: CAD
We assign a fundamental rating of 5 out of 10 to ENB-PR-J. ENB-PR-J was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of ENB-PR-J while its profitability can be described as average. A decent growth rate in combination with a cheap valuation! Better keep an eye on ENB-PR-J. Finally ENB-PR-J also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ENB-PR-J was profitable.
ENB-PR-J had a positive operating cash flow in the past year.
Each year in the past 5 years ENB-PR-J has been profitable.
ENB-PR-J had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ENB-PR-J has a Return On Assets of 2.31%. This is in the better half of the industry: ENB-PR-J outperforms 61.47% of its industry peers.
ENB-PR-J has a better Return On Equity (7.67%) than 65.60% of its industry peers.
ENB-PR-J has a Return On Invested Capital (3.85%) which is in line with its industry peers.
ENB-PR-J had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 7.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROIC | 3.85% |
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
1.3 Margins
ENB-PR-J's Profit Margin of 9.45% is fine compared to the rest of the industry. ENB-PR-J outperforms 68.81% of its industry peers.
In the last couple of years the Profit Margin of ENB-PR-J has declined.
ENB-PR-J has a Operating Margin of 18.31%. This is in the better half of the industry: ENB-PR-J outperforms 66.06% of its industry peers.
ENB-PR-J's Operating Margin has improved in the last couple of years.
ENB-PR-J has a better Gross Margin (45.63%) than 64.68% of its industry peers.
In the last couple of years the Gross Margin of ENB-PR-J has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% |
OM growth 3Y2.88%
OM growth 5Y2.35%
PM growth 3Y-8.55%
PM growth 5Y-2.33%
GM growth 3Y5.15%
GM growth 5Y4.19%
2. Health
2.1 Basic Checks
ENB-PR-J has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ENB-PR-J has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ENB-PR-J has more shares outstanding
Compared to 1 year ago, ENB-PR-J has a worse debt to assets ratio.
2.2 Solvency
ENB-PR-J has an Altman-Z score of 0.37. This is a bad value and indicates that ENB-PR-J is not financially healthy and even has some risk of bankruptcy.
ENB-PR-J has a Altman-Z score (0.37) which is in line with its industry peers.
The Debt to FCF ratio of ENB-PR-J is 17.93, which is on the high side as it means it would take ENB-PR-J, 17.93 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 17.93, ENB-PR-J is in the better half of the industry, outperforming 62.39% of the companies in the same industry.
A Debt/Equity ratio of 1.43 is on the high side and indicates that ENB-PR-J has dependencies on debt financing.
ENB-PR-J's Debt to Equity ratio of 1.43 is on the low side compared to the rest of the industry. ENB-PR-J is outperformed by 72.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Altman-Z | 0.37 |
ROIC/WACC0.55
WACC7.01%
2.3 Liquidity
ENB-PR-J has a Current Ratio of 0.55. This is a bad value and indicates that ENB-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
ENB-PR-J has a worse Current ratio (0.55) than 62.39% of its industry peers.
A Quick Ratio of 0.49 indicates that ENB-PR-J may have some problems paying its short term obligations.
With a Quick ratio value of 0.49, ENB-PR-J is not doing good in the industry: 64.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
ENB-PR-J shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.36%.
ENB-PR-J shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.11% yearly.
The Revenue has grown by 22.51% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%17.19%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
3.2 Future
The Earnings Per Share is expected to grow by 8.26% on average over the next years. This is quite good.
Based on estimates for the next years, ENB-PR-J will show a small growth in Revenue. The Revenue will grow by 0.28% on average per year.
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue Next Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
Revenue Next 5Y0.28%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.96, the valuation of ENB-PR-J can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of ENB-PR-J indicates a rather cheap valuation: ENB-PR-J is cheaper than 82.57% of the companies listed in the same industry.
ENB-PR-J's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.98.
Based on the Price/Forward Earnings ratio of 6.42, the valuation of ENB-PR-J can be described as very cheap.
79.36% of the companies in the same industry are more expensive than ENB-PR-J, based on the Price/Forward Earnings ratio.
ENB-PR-J's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.96 | ||
| Fwd PE | 6.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ENB-PR-J is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, ENB-PR-J is valued a bit cheaper than the industry average as 78.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.49 | ||
| EV/EBITDA | 9.46 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of ENB-PR-J may justify a higher PE ratio.
PEG (NY)0.84
PEG (5Y)6.28
EPS Next 2Y7.73%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
ENB-PR-J has a Yearly Dividend Yield of 5.87%, which is a nice return.
ENB-PR-J's Dividend Yield is rather good when compared to the industry average which is at 7.45. ENB-PR-J pays more dividend than 87.61% of the companies in the same industry.
ENB-PR-J's Dividend Yield is rather good when compared to the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
5.2 History
The dividend of ENB-PR-J has a limited annual growth rate of 4.10%.
ENB-PR-J has been paying a dividend for at least 10 years, so it has a reliable track record.
ENB-PR-J has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.1%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
ENB-PR-J pays out 163.51% of its income as dividend. This is not a sustainable payout ratio.
The dividend of ENB-PR-J is growing, but earnings are growing more, so the dividend growth is sustainable.
DP163.51%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
ENBRIDGE INC - ENBCN 5.988 PERP
TSX:ENB-PR-J (4/29/2025, 7:00:00 PM)
19.48
+0.1 (+0.52%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners54.95%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap42.47B
Analysts71.11
Price Target20 (2.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
Yearly Dividend3.84
Dividend Growth(5Y)4.1%
DP163.51%
Div Incr Years1
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.32%
Min EPS beat(2)-1.96%
Max EPS beat(2)-0.67%
EPS beat(4)1
Avg EPS beat(4)-0.15%
Min EPS beat(4)-9.75%
Max EPS beat(4)11.79%
EPS beat(8)2
Avg EPS beat(8)-0.91%
EPS beat(12)3
Avg EPS beat(12)-2.18%
EPS beat(16)6
Avg EPS beat(16)-0.23%
Revenue beat(2)2
Avg Revenue beat(2)113.16%
Min Revenue beat(2)108.58%
Max Revenue beat(2)117.73%
Revenue beat(4)4
Avg Revenue beat(4)82.85%
Min Revenue beat(4)8.67%
Max Revenue beat(4)117.73%
Revenue beat(8)4
Avg Revenue beat(8)33.02%
Revenue beat(12)6
Avg Revenue beat(12)22.01%
Revenue beat(16)9
Avg Revenue beat(16)19.55%
PT rev (1m)-8.09%
PT rev (3m)-6.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.57%
EPS NY rev (1m)-1.38%
EPS NY rev (3m)1.33%
Revenue NQ rev (1m)21.34%
Revenue NQ rev (3m)81.24%
Revenue NY rev (1m)-0.75%
Revenue NY rev (3m)46.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.96 | ||
| Fwd PE | 6.42 | ||
| P/S | 0.79 | ||
| P/FCF | 7.49 | ||
| P/OCF | 3.37 | ||
| P/B | 0.64 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 9.46 |
EPS(TTM)2.8
EY14.37%
EPS(NY)3.03
Fwd EY15.57%
FCF(TTM)2.6
FCFY13.35%
OCF(TTM)5.78
OCFY29.67%
SpS24.53
BVpS30.23
TBVpS11.34
PEG (NY)0.84
PEG (5Y)6.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.31% | ||
| ROE | 7.67% | ||
| ROCE | 5.02% | ||
| ROIC | 3.85% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 4.94% | ||
| OM | 18.31% | ||
| PM (TTM) | 9.45% | ||
| GM | 45.63% | ||
| FCFM | 10.6% |
ROA(3y)2.33%
ROA(5y)2.46%
ROE(3y)7.16%
ROE(5y)7.18%
ROIC(3y)3.99%
ROIC(5y)4.01%
ROICexc(3y)4.07%
ROICexc(5y)4.06%
ROICexgc(3y)5.22%
ROICexgc(5y)5.26%
ROCE(3y)5.22%
ROCE(5y)5.24%
ROICexcg growth 3Y-2.31%
ROICexcg growth 5Y-2.5%
ROICexc growth 3Y-1.04%
ROICexc growth 5Y-1.82%
OM growth 3Y2.88%
OM growth 5Y2.35%
PM growth 3Y-8.55%
PM growth 5Y-2.33%
GM growth 3Y5.15%
GM growth 5Y4.19%
F-Score4
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 17.93 | ||
| Debt/EBITDA | 6.28 | ||
| Cap/Depr | 134.12% | ||
| Cap/Sales | 12.96% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 84.22% | ||
| Profit Quality | 112.21% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 0.37 |
F-Score4
WACC7.01%
ROIC/WACC0.55
Cap/Depr(3y)117.17%
Cap/Depr(5y)142.6%
Cap/Sales(3y)11.06%
Cap/Sales(5y)12.95%
Profit Quality(3y)173.15%
Profit Quality(5y)135.79%
High Growth Momentum
Growth
EPS 1Y (TTM)0.36%
EPS 3Y0.6%
EPS 5Y1.11%
EPS Q2Q%17.19%
EPS Next Y8.32%
EPS Next 2Y7.73%
EPS Next 3Y7.74%
EPS Next 5Y8.26%
Revenue 1Y (TTM)22.51%
Revenue growth 3Y4.34%
Revenue growth 5Y1.32%
Sales Q2Q%43.54%
Revenue Next Year14.85%
Revenue Next 2Y9.07%
Revenue Next 3Y7.26%
Revenue Next 5Y0.28%
EBIT growth 1Y10%
EBIT growth 3Y7.35%
EBIT growth 5Y3.7%
EBIT Next Year75.24%
EBIT Next 3Y24.16%
EBIT Next 5Y16.03%
FCF growth 1Y-39.2%
FCF growth 3Y69.56%
FCF growth 5Y8.88%
OCF growth 1Y-11.27%
OCF growth 3Y10.83%
OCF growth 5Y6.04%